• USD bid across board on geopolitical and other factors, USD/JPY no exception

• USD/JPY 158.43-64 EBS so far in Asia, in area of 158.56 200-DMA

• Also in area of 156.67-158.44 daily Ichimoku cloud, 100-DMA 159.50 above

• Spot in move lower from 158.75 high yesterday, low yesterday 158.08

• Japanese exporter offers eyed from ahead of 159.00, importers on dips

• In option expiries, massive at 158.00 today, $1.3 bln, some at 158.75

• JGB-US Treasury rate differentials at recent trough in 2s, near wides in 10s

• Eyes still on Middle East developments, oil prices, US ylds post-US re-open

• US Treasury market, govt offices closed yesterday for Columbus Day

• Related comments , , ,

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• Other markets , , ,
USD/JPY daily:


USD/JPY hourly:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)